Rain Commodities targets 10Mt of capacity, India

Rain Commodities targets 10Mt of capacity, India
Published: 11 April 2010

The Hyderabad-based Rain Commodities Ltd, makers of Priya brand cement, plans to hike its cement manufacturing capacity from the present 3Mt to 10Mt by acquiring suitable companies. The company plans to hive off its cement operations to a wholly-owned subsidiary by December 2010.